NVIDIA has recently reached an impressive milestone, with its shares crossing an all-time high of $153.19 today. This significant moment coincides perfectly with the beginning of CEO Jensen Huang’s plan to sell over $800 million of the company’s stock.
While stock sales by high-level executives are fairly common, Huang’s move comes at a pivotal time for NVIDIA, which has experienced a rollercoaster ride on the stock market in recent years.
Earlier this year, NVIDIA saw a major drop of nearly $600 billion in January due to the DeepSeek selloff, spurred by doubts over the long-term demand for its AI GPUs. However, the company has since regained its footing, driven by increasing demand for AI solutions, humanoid robots, and the continuous need to adapt its strategy in light of US-China trade tensions over AI chip exports.
Under a pre-arranged stock-selling plan (10b5-1) disclosed last month, Huang started selling his shares earlier this month, with the first sale taking place on June 20, where he offloaded 50,000 shares for $7.2 million. A second transaction followed on June 23, yielding another $7.1 million from the sale of a similar number of shares.
Year-to-date, NVIDIA’s stock has surged by 10.9%, recovering from a steep drop earlier in the year
. Hedge fund analysts have started to note that the company’s stock has likely exhausted all potential bearish catalysts, and expectations are high for NVIDIA’s upcoming earnings report in August. Some analysts, like Mizuho’s Jordan Klein, believe that investors are now looking for the stock to break out, especially with positive news coming out of the company and the AI space.
Additionally, a bullish note from Loop Capital has set a $250 price target for NVIDIA, suggesting an impressive $6 trillion market cap in the future. This optimistic outlook is driven by the expectation of massive GPU spending in the coming years, as GPUs are projected to make up 60% of global compute capacity by 2028.
For Huang, this isn’t just about making a sale at the right time. His sale of shares in the past few months is part of a larger plan that could see him sell up to 6 million shares. Over 2025, Huang has sold approximately $700 million in stock, further cementing his position as one of the wealthiest individuals on the planet, with a net worth of around $126 billion.
In summary, Huang’s stock sales are strategically timed amidst a strong rally in NVIDIA’s stock price, as the company capitalizes on the ongoing AI boom and a favorable market outlook.